1056 Richards Avenue

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

1056 Richards Avenue

Ventura, CA 93004
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located at 1056 Richards Avenue in Ventura
  • Residential investment property situated in the Southern California coastal market
  • Asset provides housing inventory within the growing Ventura County region
  • Property supports long-term value creation through professional residential management
  • Well-positioned site for investors targeting the stable California rental sector

What's Special

The multifamily apartment building at 1056 Richards Avenue is positioned within the coastal city of Ventura, California. This asset serves the regional rental market, providing residential housing options in a submarket known for its steady demand and proximity to major Southern California transit corridors. The property allows for flexible management strategies, catering to investors seeking a stabilized residential holding in a well-established community. Ventura remains a sought-after location for residents drawn to the balance of local economic activity and the broader reach of the Ventura County labor market. Future owners may utilize this site to build long-term portfolio value through standard property maintenance or professional management optimization. The structure offers an immediate addition to an investment portfolio, functioning as a primary component of a multi-asset residential strategy in this growing region.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times